Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Siliconware Precision Industries (NASDAQ:SPIL) Stock Price

News stories about Siliconware Precision Industries (NASDAQ:SPIL) have trended somewhat positive on Saturday, according to Accern. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Siliconware Precision Industries earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 47.3176741696151 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Siliconware Precision Industries (NASDAQ SPIL) traded up $0.05 during midday trading on Friday, reaching $7.89. 46,500 shares of the company’s stock were exchanged, compared to its average volume of 125,640. The company has a market cap of $4,885.89, a P/E ratio of 21.78 and a beta of 0.31. Siliconware Precision Industries has a 12-month low of $7.05 and a 12-month high of $8.39. The company has a quick ratio of 1.05, a current ratio of 1.22 and a debt-to-equity ratio of 0.20.

Separately, BidaskClub upgraded shares of Siliconware Precision Industries from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 26th.

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About Siliconware Precision Industries

Siliconware Precision Industries Co, Ltd. is a Taiwan-based company mainly engaged in the provision of packaging and testing services of integrated circuits (ICs) and related products. The Company’s businesses include the manufacture, processing, assembly, testing and importing and exporting of ICs, transistors, light emitting diode (LED) digital displays, LED lights, liquid crystal display (LCD) clock cores, phototransistors, synthesis circuits, as well as thin film circuits and thick film circuits.

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